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Topic: Soon XXX Chassis and GM Cars can be built in the same factory.
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Page 1 of 1 of 5 replies
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November 14, 2010 at
06:44:47 PM
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Yahoo had this in it's financial section concerning GM's IPO for stocks next week.
While there are at least 10 companies lining up to sell new stock to the public next week, automaker General Motors Co. is the star of the show with its plan to sell about $10 billion in stock on Nov. 18. According to a Wall Street Journal report, SAIC Motor Corp., China's biggest automaker and GM joint-venture partner, may make a $500 million investment in the Detroit company. State-owned SAIC, or Shanghai Automotive Industry Corp., is one of several foreign investors who could buy GM shares as part of an initial public stock offering, the Journal said.
We live in the greatest country in the world run by the most corrupt group of people since the Roman Empire.
www.harleytrikes.com
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November 14, 2010 at
06:57:59 PM
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I think they need to pay the taxpayers back B4 they try this move.
Surely the POTUS and the UAW didn't think it was a "gift" did they?
leon
TSA...It's not a GROPE...it's a Freedom Pat!
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November 14, 2010 at
07:10:16 PM
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This message was edited on
November 14, 2010 at
07:11:11 PM by Hawker
Reply to:
Posted By: origopnwhlr on November 14 2010 at 06:57:59 PM
I think they need to pay the taxpayers back B4 they try this move.
Surely the POTUS and the UAW didn't think it was a "gift" did they?
leon
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The IPO spoke about above your post is the sale of the government's shares of GM. The government will make a profit off the sale, a bigger profit than if it was in the bank drawing interest.
Member of this message board since 1997
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November 14, 2010 at
07:13:26 PM
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So "Tom" who had his tax dollars "given" to GM/UAW can now "buy" his money back in the form of stock?
Makes sense to me.
TSA...It's not a GROPE...it's a Freedom Pat!
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November 15, 2010 at
01:55:43 AM
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So they will be built in Canada?
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November 15, 2010 at
02:20:01 AM
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Reply to:
Posted By: MRZERO on November 15 2010 at 01:55:43 AM
So they will be built in Canada?
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My Silverado was built in Canada.
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